Viability
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LAMP assists with viability assessment by:
- Providing the means to monitor costs and income effectively
The provision of comprehensive, yet flexible, functions for both costing and charging operations enables both service and business unit viability reports to be generated and made available to managers at all levels leading to improved business unit management as a result.
Management is both pre-emptive and reactive, and for the right decisions to be taken the appropriate information must be made available - an effective decision maker would be best placed to take the correct view of the situation given the appropriate level of operational intelligence - which implies a data gathering, collating and presentation process. Improvements to performance cannot be identified and initiated without the base position being understood.